Mario Draghi urged Europe to choose federation over confederation to become a geopolitical power. He warned the postwar global order is dead, and Europe risks subordination, division and deindustrialisation. Only a united Europe, he argued, can defend its interests and preserve its values. Where Europe already acts federally, including trade and monetary policy, it commands respect and negotiates effectively. Standing firm together, Draghi said, would restore European confidence, solidarity and strategic clarity.
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The Venn diagram of being a former central banker turned politician and being unfathomably based is a circle
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Mario Draghi urged Europe to choose federation over confederation to become a geopolitical power. He warned the postwar global order is dead, and Europe risks subordination, division and deindustrialisation. Only a united Europe, he argued, can defend its interests and preserve its values. Where Europe already acts federally, including trade and monetary policy, it commands respect and negotiates effectively. Standing firm together, Draghi said, would restore European confidence, solidarity and strategic clarity.
The Venn diagram of being a former central banker turned politician and being unfathomably based is a circle